Credit card companies are seeking to push further into the “buy now, pay later” (BNPL) market. American Express (Amex) announced today that it plans to partner with Opy, the U.S. subsidiary of Australian fintech Openpay, to allow all of its U.S. cardmembers to pay in installments for qualifying purchases in the healthcare and automotive segments....
Facebook on Wednesday announced its decision to reverse long-standing policy that prevented most cryptocurrency companies from running ads on its services.
Policymakers contend the fast-growing crypto sector poses many risks for consumers, but disagreements within the blockchain industry and Congress are expected to prevent the establishment of clear rules anytime soon.
The Securities and Exchange Commission (SEC) has consistently denied aspiring exchange-traded products that aim to offer a Bitcoin ETF based on the spot price of the world's most popular digital asset. Recently, a Bitcoin ETF based on Bitcoin futures was approved but this was effectively
DeFi is beginning to expand beyond a niche market. The high interest available via saving and lending products, and multiple investment opportunities have begun to motivate people to enter the space. While the 2010s will be remembered as the decade where decentralized finance was born and...
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The Federal Reserve Bank of New York has launched the New York Innovation Centre (NYIC), to advance a strategic partnership with… Read More »
Listmakers of the 30 Under 30 in Finance 2022 are entrepreneurs from fast-growing fintech and crypto startups and rising stars at Wall Street’s top firms.
Goldman Sachs is opening up access to its financial data resources and analytics to third party institutions via Amazon Web...
The former PayPal president was hired to bring an entrepreneurial spirit to the social network, and he helmed major projects such as the Diem stablecoin. His exit raises questions about the direction of the businesses he oversaw.